Azerbaijan calls on Croatian companies to invest in the country’s agriculture, tourism, IT and chemical industry, Rufat Mammadov, head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), said. He added that favorable conditions had been created in Azerbaijan for making investments, as well as for activity in industrial and technology parks. “Tourism sector is…
The U.S. Agency for International Development (USAID) has launched the program ‘Decentralization Offering Better Results and Efficiency’ (DOBRE), with a budget of $50 million, in Ukraine, U.S. Ambassador in Kyiv Marie Yovanovitch said. The program will help 75 united communities in seven Ukrainian regions, she said at the opening ceremony for the DOBRE program in…
Last week Verkhovna Rada approved of the budget in the first reading session. During the two weeks the government should take into consideration the proposals of all the deputies and introduce the document to the Parliament in the course of the second reading session. The budget can be finally adopted in the second session or…
Azersun Holding and other big Azerbaijani companies will participate in the first International Fruit and Vegetable Fair in Tashkent, to be held on November 8-10, Jahangir Aminov, adviser to the Uzbek ambassador to Azerbaijan, said. He added that the contracts for the supply of fruit and vegetables from Uzbekistan to Azerbaijan were planned to be…
As many as 78 state enterprises and facilities will be put up for privatization of the State Property Issues Committee of Azerbaijan on November 22, the message of the committee said. The enterprises operate in the fields of cotton growing, agricultural chemistry, transport, construction and others. These enterprises are located both in Baku and in…
Belarus and Russia’s Yaroslavl region have agreed to advance relations in manufacturing cooperation, road construction and pharmaceutics, the press service of the Embassy of Belarus in Russia reported. A Belarusian delegation led by Industry Minister Vitaly Vovk visited Yaroslavl region on October 20. The delegation included representatives of government agencies, industrial enterprises and their distributors…
A.M. Best, the world’s oldest and most authoritative insurance rating and information source, has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of “bbb-” of AzRe Reinsurance OJSC, the sole domestic reinsurer in Azerbaijan. The outlook of these Credit Ratings (ratings) remains stable, according to the service’s message. “The ratings…